GST Annual Return Filing

GST Annual Return Filing is a yearly process where businesses registered under the Goods and Services Tax (GST) have to file their tax returns to the government.

Facebook Twitter Linkedin Instagram

Eligibility

  • Regular taxpayers registered under GST

  • Input Service Distributors (ISDs)

  • Non-Resident taxpayers

  • E-commerce operators

  • Casual taxable persons

Document Required

  • Audited financial statements

  • GSTR-9 Form

  • Input Tax Credit (ITC) registrer

  • Tax payment challans

  • Annual accounts and audit report

Benefits

  • Transparency in business operations

  • Eligibility for Input Tax Credit (ITC)

  • Help in Better Business decision-making

  • Compliance with legal requirements

Why Choose

Xtraserve

Best CA Service in Bangalore

Unlock Business Potential Expert Financial Solutions for your financial growth with over 1000+ satisfied clients

Professional Team

One stop solution

Customer Support

At Xtraserve, we believe in transparency and effective communication, which is why we provide regular updates on the progress of our clients’ projects and keep them informed of any changes in the financial markets that may impact their investments.

Our team of financial professionals is highly trained, knowledgeable and dedicated to providing top-notch services to our clients. We are committed to maintaining the highest ethical standards and adhering to all industry regulations.

If you’re looking for a financial services company that is dedicated to helping you achieve your financial goals, look no further than Xtraserve. Contact us today to schedule a consultation and learn more about how we can help you. With our wide range of services and convenient office locations, we are confident in our ability to provide you with the best financial solutions for your needs.

Contact us

FAQ

What is GST Annual Return Filing in India?

GST Annual Return Filing is a yearly process where businesses registered under the Goods and Services Tax (GST) have to file their tax returns to the government.

Why is GST Annual Return Filing required?

GST Annual Return Filing is required to assess the compliance of businesses with the GST laws, to report their annual turnover, and to pay the taxes owed to the government.

What is the due date for filing GST Annual Return?

The due date for filing GST Annual Return is usually December 31st of each year.

What are the consequences of not filing GST Annual Return?

Not filing GST Annual Return can lead to penalties, interest, and even legal action. It can also result in a negative impact on the credit rating of the business.

What is the format of GST Annual Return?

The format of GST Annual Return is specified by the GST law and the Indian government and must be filed through the GST portal.

What are the details required to be included in GST Annual Return?

The details required to be included in the GST Annual Return include the total turnover of the business, the GST payable, and the GST paid, among others.

What are the common mistakes made during GST Annual Return Filing?

The common mistakes made during GST Annual Return Filing include incorrect calculations, incorrect details, and incorrect reporting of data.

Can GST Annual Return be revised after filing?

Yes, GST Annual Return can be revised after filing, but only within a specified time frame.

Is it possible to file GST Annual Return for multiple financial years in one go?

No, GST Annual Return can only be filed for one financial year at a time.

Can a CA or a tax consultant file GST Annual Return on behalf of a business?

Yes, a CA or a tax consultant can file GST Annual Return on behalf of a business with their prior authorization.

Get started

Find us here

Registered Office

Bhubaneswar Office